Technical analyst maps out the next big buying opportunity for Amazon stock

Amazon Inc. (NASDAQ: AMZN) is under pressure following its Q4 and FY 2024 earnings report, released on February 6, despite delivering a double beat on earnings per share (EPS) and revenue. While the results initially appeared strong, investor sentiment soured after the company issued weaker-than-expected Q1 2025 guidance.The company’s Q1 revenue forecast of $151 billion to$155.5 billion fell short of Wall Street’s consensus estimate of $158.5 billion.  Meanwhile, Amazon Web Services (AWS) posted 19% revenu ...